Adani Enterprises Ltd.

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Adani Enterprises reports many fold jump in Q3 consolidated net profit

Date: 14-02-2023

Adani Enterprises has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported net profit at Rs 269.71 crore for Q3FY23 as compared to net loss of Rs 36.46 crore for the corresponding quarter previous year. Total income of the company increased by 53.10% to Rs 12515.40 crore for the quarter under review as compared to Rs 8174.61 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported many fold jump in its net profit at Rs 739.88 crore for Q3FY23 as compared to Rs 1.80 crore for the same quarter in the previous year. Total income of the company increased by 42.12% to Rs 26950.83 crore for the quarter under review as compared to Rs 18963.40 crore for the same quarter in the previous year.